In trading today, both the Sensex and Nifty are down. Sensex was trading at a level of 60,598.49 points, down 65.3 points, or 0.11 percent. Nifty was trading at 17,826.30 points, down 45.40 points, or 0.25 percent.
Selling is seen in the national stock market amid weak global signals. In trading today, both the Sensex and Nifty are down. Sensex was trading at a level of 60,598.49 points, down 65.3 points, or 0.11 percent. Nifty was trading at 17,826.30 points, down 45.40 points, or 0.25 percent. The color of BAJFINANCE, LT, SBILIFE, POWERGRID, BAJAJFINSV is green in Nifty, that is, these actions show a positive reaction. On the other hand, big stocks like ADANIENT, ADANIPORTS, HEROMOTOCO, TATAMOTORS, APOLLOHOSP are seen in red color, which means they are showing signs of decline. In opening trade on the stock market, there was a slight gain in the Nifty Midcap Index and the BSE Smallcap Index, while Nifty IT and Nifty Bank were trading weak. Today, that is, February 9, 2023, some stocks are ready to show action in a volatile market. These stocks may remain in the spotlight in the market today. If you’re looking for better intraday stocks, you can keep an eye on them.
Adani Wilmar’s December quarter earnings rose 16 per cent to Rs 246 crore. The profit of the company has increased due to the increase in revenue. The company made a profit of Rs 211.41 crore in the same quarter of the previous fiscal year. During this period, total revenue increased to Rs 15,515.55 crore, from Rs 14,398.08 crore in the same quarter of the previous financial year. The company’s profit dipped to Rs 488.51 crore in the first nine months of the current fiscal year from Rs 569.45 crore in the same period of the last fiscal year.
Adani Power’s December quarter profit declined 96 per cent to Rs 8.77 crore. Due to the increase in expenses, the profit of the company has decreased. The company made a profit of Rs 218.49 crore in the same quarter of the previous fiscal year. Total expenses during this period increased to Rs 8,078.31 crore from Rs 5,389.24 crore in the same quarter of the previous year. Company sales during this period stood at 11.8 billion units.
Billionaire Reliance Industries Ltd and UK major BP will soon start production from their MJ deepwater project on the KG-D6 block. This will significantly boost gas production from the East Coast asset. Speaking at India Energy Week, BP Group India regional president and country head Shashi Mukundan said the MJ field will come online this quarter.
NHPC’s December quarter profit decreased 12.59 per cent to Rs 776 crore. The company made a profit of Rs 887.76 crore in the same quarter of the previous fiscal year. In a communication sent to stock exchanges, the company said its total revenue rose to Rs 2,691.34 crore in the quarter from Rs 2,373.72 crore in the same quarter last year. The company’s expenses increased from Rs 1,259.28 crore to Rs 1,303.06 crore during the quarter.
Larsen and Toubro
The company secured an order worth Rs 2,585 crore from the Ministry of Defense for the supply of 41 sets of modular bridges for the Indian Army Corps of Engineers. A modular bridge can be quickly erected in any area.